New Jersey Resources Corporation (NJR)

New Jersey Resources Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	2,096	1,797	1,963	2,906	2,157	1,954
Revenue Growth (YoY)	21.02%	-8.48%	-32.45%	34.75%	10.39%	-24.63%
Fuel & Purchased Power	878.1	716.91	978.94	1,949	1,352	1,305
Operations & Maintenance	360.16	367.14	348.39	336.52	349.65	271.61
Selling, General & Admin	12.22	11.47	10.46	10.52	10.11	-
Depreciation & Amortization	185.59	166.57	152.94	129.25	111.39	107.37
Other Operating Expenses	101.55	76.36	65.26	74.26	45.45	41.07
Total Operating Expenses	1,538	1,338	1,556	2,500	1,868	1,725
Operating Income	558.5	458.1	407	406.48	288.35	228.91
Interest Expense	-134.12	-130.28	-123.01	-85.83	-78.56	-67.6
Interest Income	8.93	8.67	8.92	2.72	2.17	2.96
Net Interest Expense	-125.2	-121.61	-114.1	-83.11	-76.39	-64.64
Income (Loss) on Equity Investments	5.94	5.3	3.93	8.18	-83.21	14.31
Other Non-Operating Income (Expenses)	40.97	32.88	17.16	19.58	22.43	20.92
EBT Excluding Unusual Items	480.21	374.68	314	351.12	151.18	199.5
Pretax Income	536.3	374.68	314	351.12	151.18	199.5
Income Tax Expense	124.62	84.91	49.28	76.2	33.29	36.49
Net Income	411.68	289.78	264.72	274.92	117.89	163.01
Net Income to Common	411.68	289.78	264.72	274.92	117.89	163.01
Net Income Growth	74.68%	9.46%	-3.71%	133.20%	-27.68%	31.53%
Shares Outstanding (Basic)	100	99	97	96	96	95
Shares Outstanding (Diluted)	100	99	98	96	97	95
Shares Change (YoY)	1.62%	1.70%	1.18%	-0.07%	1.53%	6.15%
EPS (Basic)	4.12	2.94	2.73	2.86	1.23	1.72
EPS (Diluted)	4.10	2.92	2.71	2.85	1.22	1.71
EPS Growth	72.02%	7.75%	-4.91%	133.61%	-28.66%	23.91%
Free Cash Flow	-117.61	-95.53	-21.37	-235.66	-183.34	-234.63
Free Cash Flow Per Share	-1.17	-0.96	-0.22	-2.44	-1.90	-2.47
Dividend Per Share	1.800	1.710	1.590	1.478	1.360	1.270
Dividend Growth	7.14%	7.55%	7.61%	8.64%	7.09%	6.72%
Profit Margin	19.64%	16.13%	13.49%	9.46%	5.47%	8.34%
Free Cash Flow Margin	-5.61%	-5.32%	-1.09%	-8.11%	-8.50%	-12.01%
EBITDA	744.03	624.8	562.21	538.29	404.34	341.2
EBITDA Margin	35.50%	34.78%	28.64%	18.52%	18.75%	17.46%
D&A For EBITDA	185.53	166.69	155.21	131.81	115.99	112.29
EBIT	558.5	458.1	407	406.48	288.35	228.91
EBIT Margin	26.64%	25.50%	20.73%	13.99%	13.37%	11.72%
Effective Tax Rate	23.24%	22.66%	15.69%	21.70%	22.02%	18.29%
Revenue as Reported	2,096	1,797	1,963	2,906	2,157	1,954

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q